Essex Junction, Chittenden County, Vermont Property Taxes

Name: Property Tax Bills Across Essex Junction, Chittenden County, Vermont
Creator: Ownwell
License: https://creativecommons.org/licenses/by-nc/4.0/

Median Essex Junction, VT effective property tax rate: 1.09%, slightly higher than the national median of 1.02%, but lower than the Vermont state median of 2.11%.
Median Essex Junction, VT home value: $277,500
Median annual Essex Junction, VT tax bill: $3,041, $641 higher than the national median property tax bill of $2,400.

How are property taxes in Chittenden calculated?

Property taxes in Essex Junction, VT are calculated based on the tax assessed value, which is often lower than the actual market value due to property tax exemptions such as the homestead or senior exemption.

Understanding Essex Junction’s property tax system, exemptions, and reduction opportunities can lead to significant savings. Regardless of where you live in Essex Junction, knowing local tax details benefits homeowners and investors.

Last Updated March 1, 2025

Essex Junction, Chittenden County, Vermont Property Tax Bill Calculator

Property Assessed Value

$100,000

$1,500,000

$3,000,000

Median Effective Tax Rate

1.09%

Estimate Property Tax Bill

$3,025

$2,807

Ownwell’s Essex Junction Property Tax Bill Calculator empowers homeowners, real estate investors, and potential buyers to estimate their annual property taxes in Essex Junction with just two data points. By entering your property's estimated assessed value, our calculator applies Essex Junction’s median effective tax rate to accurately estimate your property tax bill. Note that your property's assessed value — determined by your county — reflects any exemptions you may have, ensuring a precise calculation for your property tax obligations. This insightful tool helps you understand potential tax liabilities and highlights how Ownwell can assist in reducing property taxes in Chittenden County. For those interested in more localized information, please scroll down to explore city-level trends!

Property Tax Rates Across Essex Junction, Chittenden County, Vermont

Local government entities set tax rates, which can vary widely within a state. Annually, each county estimates its required budget to provide services and divides that by the total value of all taxable property within its jurisdiction. This calculation results in the property tax rate. While there are votes and laws involved in setting tax rates and budgets, in a nutshell, this is the annual process. Below, you can compare Essex Junction’s effective property tax rate to other cities in Vermont and the median property tax rates in Vermont and the U.S. Essex Junction, located in Chittenden County, has a median property tax rate of 1.09%. This places it above the national median property tax rate of 1.02%. When considering property tax bills, the national median is $2400, while Essex Junction’s tax rate suggests a higher burden on property owners. Understanding these rates can help homeowners make informed decisions about property investments and budget planning. Comparing local rates to state and national figures provides valuable insight into the relative tax burden residents face in Essex Junction.

Property Tax Rates Across Essex Junction, Chittenden County, Vermont

Source: Ownwell

0.51%

2.91%

5.31%

Our median effective property tax rate (tax bill ÷ assessor's market value) accounts for exemptions and deductions, making it more accurate than the general median tax rate, which is the midpoint of statutory rates before adjustments.

Median Effective Essex Junction Tax Rate

1.09%

Median Effective Chittenden County Tax Rate

1.83%

Median Effective Vermont Tax Rate

2.11%

Median Effective United States Tax Rate

1.02%

Property Tax Rates Across Essex Junction, Chittenden County, Vermont

Zip	10th Percentile	25th Percentile	Median Tax Rate	75th Percentile	90th Percentile
05452	0.45%	0.80%	1.09%	1.27%	2.36%

Source: Ownwell

Property Tax Assessment Values Across Essex Junction, Chittenden County, Vermont

When examining property taxes in Essex Junction, VT, understanding the distinction between "market value" and "assessed value" is crucial. The market value is what a willing buyer would pay to a willing seller in an open and competitive market, often influenced by location, property condition, and economic market trends. The Chittenden County appraisal district estimates the market value for tax purposes. The assessed value is the market value minus any applicable exemptions or limits determined by local laws and offerings. The tax assessed value is the figure used to calculate your property taxes or the amount multiplied by your tax rate to get your tax bill.

In Chittenden County, assessment notices are sent in the spring each year. They’ll typically reach your mailbox by the middle of May. Each property owner receives an assessment notice that contains both the market value and assessed value, along with an estimate of your property tax bill. By providing insights into how assessed and market values are determined, this section helps property owners navigate their tax responsibilities and understand the valuation processes affecting their property taxes in Essex Junction. For example, the median home price in Essex Junction is $277,500, with tax bills ranging significantly across the county. The 05452 zip code has the highest median home price at $277,500.

Property Tax Assessment Values Across Essex Junction, Chittenden County, Vermont

Source: Ownwell

$183,250

$318,425

$453,600

Median Essex Junction Market Value

$277,500

Median Chittenden County Market Value

$281,900

Median Vermont Market Value

$199,900

Median United States Market Value

$235,294

Property Tax Assessment Values Across Essex Junction, Chittenden County, Vermont

Zip	10th Percentile	25th Percentile	Median Home Price	75th Percentile	90th Percentile
05452	$206,620	$234,500	$277,500	$337,750	$410,820

Source: Ownwell

Property Tax Bills Across Essex Junction, Chittenden County, Vermont

In Essex Junction, located in Chittenden County, VT, property tax bills are determined by the assessed value of a home, which is then multiplied by the local tax rate. With a median home price of $277,500, property taxes can vary significantly. The 25th percentile of tax bills is $1,982, while the 75th percentile reaches $4,280, and the 90th percentile climbs to $6,160. The median tax bill in the 05452 zip code stands at $3,041, which is above the national median property tax bill of $2,400. These figures illustrate the potential financial burden on homeowners in the area. Factors influencing these bills include the property's assessed value and the local tax rate, which can fluctuate based on municipal budget needs and public services funding. Ownwell can assist homeowners by appealing their property tax assessments, potentially lowering their tax obligations. Through expert analysis and negotiation, Ownwell ensures homeowners are not overpaying, providing significant savings and financial relief.

Property Tax Bills Across Essex Junction, Chittenden County, Vermont

Source: Ownwell

$4,441

$8,881

Median Essex Junction Tax Bill

$3,041

Median Chittenden County Tax Bill

$5,508

Median Vermont Tax Bill

$3,843

Median United States Tax Bill

$2,400

Property Tax Bills Across Essex Junction, Chittenden County, Vermont

Zip	10th Percentile	25th Percentile	Median Tax Bill	75th Percentile	90th Percentile
05452	$1,011	$1,982	$3,041	$4,280	$6,160

Source: Ownwell